Basf (ETR:BAS) has been assigned a €116.00 ($143.21) price objective by investment analysts at Kepler Capital Markets in a report issued on Thursday. The brokerage presently has a “buy” rating on the basic materials company’s stock. Kepler Capital Markets’ target price would suggest a potential upside of 36.49% from the company’s current price.
BAS has been the subject of several other research reports. Independent Research set a €104.00 ($128.40) target price on shares of Basf and gave the stock a “neutral” rating in a research note on Friday, January 19th. set a €85.00 ($104.94) target price on shares of Basf and gave the stock a “sell” rating in a research note on Wednesday, November 8th. UBS Group set a €99.00 ($122.22) target price on shares of Basf and gave the stock a “buy” rating in a research note on Monday, November 27th. Barclays set a €96.00 ($118.52) target price on shares of Basf and gave the stock a “neutral” rating in a research note on Friday, January 12th. Finally, Sanford C. Bernstein set a €72.00 ($88.89) target price on shares of Basf and gave the stock a “sell” rating in a research note on Monday, November 27th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of €97.50 ($120.38).
Shares of Basf (ETR:BAS) opened at €84.99 ($104.93) on Thursday. The company has a market cap of $78,060.00 and a price-to-earnings ratio of 12.86. Basf has a one year low of €78.97 ($97.49) and a one year high of €98.70 ($121.85).
BASF SE operates as a chemical company worldwide. It operates through five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment offers solvents, plasticizers, monomers, and glues, as well as raw materials for detergents, plastics, textile fibers, paints and coatings, crop protection products, and medicines.
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